Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Breaking the glass ceiling........

Breaking the glass ceiling........

posted on Dec 09, 2008 10:13AM

I have noticed that everytime we approach .40 or higher lately the stock always

gets hammered back way below .40. We have to break and hold .40 to begin the next leg up even in this bi-polar market. Anyone want to guess what we will be at

at the end of year my guess is .55. Then next year we should see the share price selling at multiples of .55 along with a more stable stock market. I wonder what price we will be discussing in a yaer from now??? Afterall we hit a high of 5.05 this year-even though all the fert stocks where flying-even in a down trending market.

2009 should be much better with a AMEX listing, more stable markets, resource updates, more positive new, end of tax loss selling and the hopefully the project

coming on line with shipments of our beloved phosphate to India-which down

the road is the most important thing in the markets. That is profits which should be huge for our company due to its market cap. Then maybe a few years down the

road we may even get dividends once the company is up and running and more stable markets. Anyone wanna guess what we will be discussing on this board

3 years from now??? The price may be something we are dreaming about today.

We may be having a cold beer and rememembering when Legend

was .40 and why I did not buy more. One of the reasons Legend was taken down

is it was taken down with all the commodity stocks, but like many people argue

is people have to eat which they do and the growing world population. After all

silver, gold and oil are nice but you cannot eat them. This one is just a sart-up just wait tiil the company starts moving forward!

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